Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo
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The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re going to be working to undo this for years.” Crypto Exchange Kraken’s CEO on Damage to Crypto Industry Caused by FTX’s Failure The CEO of cryptocurrency exchange Kraken, Jesse Powell, shared his thoughts on the collapse of FTX in a series of tweets Thursday. FTX filed for Chapter 11 bankruptcy Friday. “This is a massive setback,” he began. “Our good, trusting nature makes us easy targets for con
Following several years of contemplation, Pakistan has ultimately made a bold move for the crypto regulation. As per the reports, the Pakistani authorities are planning to implement comprehensive crypto regulations with the establishment of Pakistan Crypto Council. In this respect, the investment in digital assets such as Bitcoin ($BTC), Solana…
Poolz Finance, a decentralized cross-chain Launchpad and initial decentralized exchange (DEX) offering (IDO) platform built on Web3, has disclosed its strategic partnership with Crypto Paradise, a leading crypto media and growth platform, famous for daily market coverage for top projects. The primary purpose is to make the visibility of Poolz…